NIKE, Inc. $NKE Stock Holdings Boosted by Rockland Trust Co.

Rockland Trust Co. boosted its position in NIKE, Inc. (NYSE:NKE) by 24.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 551,460 shares of the footwear maker’s stock after purchasing an additional 109,923 shares during the quarter. NIKE comprises 0.9% of Rockland Trust Co.’s holdings, making the stock its 29th biggest position. Rockland Trust Co.’s holdings in NIKE were worth $22,637,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Westerkirk Capital Inc. raised its stake in shares of NIKE by 52.4% during the fourth quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock valued at $8,360,000 after purchasing an additional 45,100 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its stake in shares of NIKE by 77.9% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock worth $160,943,000 after acquiring an additional 1,106,499 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in shares of NIKE in the fourth quarter valued at approximately $43,188,000. Nicholas Company Inc. increased its stake in shares of NIKE by 33.3% during the fourth quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock valued at $7,878,000 after acquiring an additional 30,890 shares during the period. Finally, Stoneridge Investment Partners LLC increased its stake in shares of NIKE by 1,253.6% during the fourth quarter. Stoneridge Investment Partners LLC now owns 78,846 shares of the footwear maker’s stock valued at $5,023,000 after acquiring an additional 73,021 shares during the period. Institutional investors own 64.25% of the company’s stock.

Insider Buying and Selling

In other NIKE news, EVP Philip Mccartney sold 17,398 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64. Following the transaction, the executive vice president owned 53,133 shares in the company, valued at $2,453,681.94. This trade represents a 24.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Matthew Friend sold 2,463 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $102,460.80. Following the transaction, the chief financial officer directly owned 82,165 shares of the company’s stock, valued at approximately $3,418,064. This represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 21,275 shares of company stock worth $964,723. Corporate insiders own 1.10% of the company’s stock.

NIKE Stock Down 0.8%

NKE stock opened at $41.66 on Friday. The company’s 50 day simple moving average is $43.18 and its 200-day simple moving average is $49.55. NIKE, Inc. has a 52-week low of $40.00 and a 52-week high of $80.17. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. The firm has a market capitalization of $61.81 billion, a P/E ratio of 19.94, a P/E/G ratio of 1.86 and a beta of 1.11.

NIKE (NYSE:NKE) last released its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.09. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The firm had revenue of $10.97 billion for the quarter, compared to analyst estimates of $10.85 billion. During the same quarter in the prior year, the business earned $0.14 EPS. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. As a group, equities research analysts anticipate that NIKE, Inc. will post 1.74 EPS for the current year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s payout ratio is currently 78.47%.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share, payable October 1 to shareholders of record September 1. The annualized payout of $1.64 represents an approximately 3.9% yield and provides continued income support for investors. NIKE Declares $0.41 Quarterly Dividend
• Positive Sentiment: NIKE is emphasizing performance products, innovation, athlete engagement and sport-focused execution as part of its effort to restore longer-term growth. The strategy could help offset near-term demand weakness if product momentum improves. NIKE Bets on Performance Products
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see limited near-term catalysts but that the stock’s depressed valuation may already reflect some of the company’s difficulties. Consensus Hold Recommendation
• Negative Sentiment: JPMorgan lowered its stance to “Sell” and reiterated an underweight view, citing a longer-than-expected turnaround. The downgrade adds pressure to the stock and signals concerns about weak demand and delayed earnings recovery. JPMorgan Cuts Nike to Sell
• Negative Sentiment: Investors continue to focus on NIKE’s China reset and planned U.S. store closures, which could weigh on near-term revenue, earnings and operating margins. Analysts have also questioned whether the shares remain expensive relative to fair value despite substantial declines during 2026. NIKE China Reset and Store Closures
• Negative Sentiment: NIKE’s CFO, COO and an executive vice president each sold shares at $41.60. Because all three transactions were executed under pre-arranged Rule 10b5-1 plans and represented relatively small reductions in ownership, the sales are a modest negative signal rather than evidence of discretionary insider selling. NIKE Insider Sale Filing

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NKE. Telsey Advisory Group set a $47.00 target price on NIKE and gave the stock a “market perform” rating in a research report on Wednesday, July 1st. Bank of America cut their price objective on NIKE from $55.00 to $47.00 and set a “neutral” rating for the company in a report on Wednesday, July 1st. Stifel Nicolaus set a $45.00 target price on NIKE and gave the company a “hold” rating in a research note on Wednesday, July 1st. Wells Fargo & Company lowered their target price on NIKE from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 1st. Finally, China Renaissance dropped their price target on shares of NIKE from $50.30 to $47.30 and set a “hold” rating on the stock in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eighteen have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $53.53.

NIKE Company Profile

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).